NXP Semiconductors Updates View of First Quarter 2020 Performance and Sets Date to Review Detailed Results

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EINDHOVEN, The Netherlands, April 07, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today updated its performance expectations for first quarter 2020, due to the business impact from the novel coronavirus (“COVID-19”). This pre-announcement is currently the company’s best estimate but may change following the completion of its first quarter financial closing procedures. These estimates reflect a worse than anticipated impact from the COVID-19 pandemic versus what the company had anticipated on March 2, 2020.

Article from: http://www.globenewswire.com/news-release/2020/04/07/2012777/0/en/NXP-Semiconductors-Updates-View-of-First-Quarter-2020-Performance-and-Sets-Date-to-Review-Detailed-Results.html